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Tesla: sequential decline in production in Q3

(CercleFinance.com) - Tesla announces that it produced 430,488 vehicles in Q3, compared with 435,059 deliveries during the previous quarter.
CP: +0.6%.

In detail, the car maker produced 13,688 Model S/Xs and delivered 15,985. Tesla also produced 416,800 Model 3/Ys and delivered 419,074.

Q3 figures show a sequential decline in production and deliveries. For information, in Q2, the production figure was 479,700 vehicles for 466,140 deliveries.

Tesla says that this decline is attributable to planned shutdowns for factory upgrades. The volume target for 2023 remains unchanged at 1.8 million vehicles.


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